Key PointsLockheed Martin's backlog has grown to $230 billion, signaling strong future revenue.

Lockheed Martin's $230 Billion Backlog, Explained

Key PointsThe U.S. Air Force chose Anduril and General Atomics to produce Collaborative Combat Aircraft for it, rejecting Northrop Grumman's offering.

USAF Doesn't Want Northrop Grumman's Stealth Drone

The S&P 500 Index ($SPX ) (SPY ) closed down by -1.09% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.50%.  December E-mini S&P futures (ESZ26 ) fell -1.14%, and December E-mini...

Stock Indexes Finish Sharply Lower as Tech Stocks Plunge

Key PointsUBS predicts Lockheed Martin's missile sales could rise 20% a year, for years.

Why Lockheed Martin Stock Keeps Going Up

The S&P 500 Index ($SPX ) (SPY ) is down by -0.06% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.96%.  December E-mini S&P futures (ESZ26 ) are down -0.10%, and December E-mini...

Stock Indexes Mostly Lower as Chipmaker Weakness Persists

(RTTNews) - Aerospace and defense company Lockheed Martin Corp. (LMT) announced on Friday that it has delivered a C-130J-30 Super Hercules aircraft to the U.S. Navy, which will be converted into the E-130J Phoenix II for the service's airborne nuclear command-and-control mission.

Lockheed Martin Delivers C-130J-30 To U.S. Navy For TACAMO 

Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services in the United States, Europe, Asia, the Middle East, and internationally. The company operates through four segments: Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air and missile defense systems; tactical missiles and precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; and ground vehicles. The RMS segment offers military and commercial helicopters, surface ships, sea- and land-based missile defense systems, radar and laser systems, sea- and air-based mission and combat systems, command and control mission solutions, cyber solutions, simulation and training solutions, and services and support for surface ships. The Space segment provides satellites; space transportation systems; strategic, advanced strike, and defensive systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness; and integrates space and ground global systems to help its customers gather, analyze, and securely distribute critical intelligence data. It primarily serves the U.S. government and international customers, as well as foreign military sales contracted through the U.S. government. The company was formerly known as The Lockheed Corporation and changed its name to Lockheed Martin Corporation in March 1995. Lockheed Martin Corporation was founded in 1912 and is based in Bethesda, Maryland.

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